Mumbai (Maharashtra) [India], Aug 25 (ANI): The Reserve Bank of India (RBI) will again conduct simultaneous purchase and sale of government securities under the open market operation (OMO) for Rs 20,000 crore in two tranches of Rs 10,000 crore each.
New Delhi [India], Aug 24 (ANI): A petition was moved in the Delhi High Court on Monday seeking directions to the Central government and the Reserve Bank of India (RBI) to extend the moratorium period for repayment of term loan and credit cards for another 12 months or until the COVID-19 sit
New Delhi [India], Aug 24 (ANI): The Delhi High Court on Monday issued notice to the Centre, the Reserve bank of India (RBI) and others on a plea seeking action against Google Pay for allegedly violating RBI guidelines related to data localisation, storage and sharing norms.
New Delhi [India], Aug 24 (ANI): Punjab National Bank said on Monday that the moratorium on repaying loans till August 31 as announced by the Reserve Bank of India (RBI) should not be extended as green shoots are emerging in the economy.
Mumbai (Maharashtra) [India], Aug 8 (ANI): The absence of a common benchmark for lenders for reporting loans under moratorium has led to mismatches between the data in financial stability report published by the Reserve Bank of India (RBI) and the reported data of individual banks, India Rat
Mumbai (Maharashtra) [India], August 7 (ANI): Brickwork Ratings has said that an increase in loan to value (LTV) ratio to 90 per cent for borrowers increases the credit risk for banks as the collateral available in the form of gold ornaments or jewellery may not be sufficient to fully cover
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Friday announced the members of Kamath committee who will frame rules for the one-time restructuring of loans for stressed borrowers proposed by the central bank a day earlier.
Mumbai (Maharashtra) [India], Aug 6 (ANI): Equity benchmark indices surged nearly 1 per cent on Thursday after the Reserve Bank of India (RBI) kept the repo rate unchanged at 4 per cent.
Mumbai (Maharashtra) [India], Aug 6 (ANI): The Reserve Bank of India (RBI) on Thursday kept the key repo rate unchanged at 4 per cent in view of rising inflation and faint signs of economic growth amid the gradual lifting of coronavirus (COVID-19) countrywide lockdown.
Mumbai (Maharashtra) [India], Aug 5 (ANI): Reserve Bank of India (RBI) approves the appointment of Sashidhar Jagdishan as Managing Director and CEO of HDFC Bank.
New Delhi [India], July 31 (ANI): The government is working with Reserve Bank of India (RBI) on the industry's need for restructuring of loans to absorb the adverse impact of COVID-19 pandemic, Finance Minister Nirmala Sitharaman said on Friday.
New Delhi [India], July 27 (ANI): Individuals and corporates having the ability to re-pay their loans are not doing so by taking advantage of the moratorium given by Reserve Bank of India (RBI), HDFC Chairman Deepak Parekh said on Monday.